Ondas Holdings (ONDS) stock jumps on rebrand, Florida HQ move — what traders watch next
Ondas Holdings shares jumped nearly 13% to $11.02 Friday after announcing a name change to Ondas Inc. and a move to West Palm Beach, Florida. About 2.39 million shares are set for issuance Jan. 5 in a securities exchange, and a subsidiary’s debt maturity was extended to Jan. 15. The company expects a $56.6 million non-cash charge for the quarter ended Dec. 31.